3450 BENJAMIN ST N E MINNEAPOLIS MN 55418

PID: 0102924140002

Property Overview

Parcel ID0102924140002

Lot Size11,871 sq ft (0.273 ac)

Lot Dimensions (est.)132 ft wide × 90 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerN L CARR & T P CARR ET AL

Assessed Value$410,600

Land Value$162,000

Building Value$248,600

Annual Tax$6,222

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $25K total declared value · Most recent: Oct 2020 (res)

ResOct 2020Closed

B and D Plumbing Heating and A/C Inc

ResSep 2020Closed

B and D Plumbing Heating and A/C Inc

ExistresJun 2020Closed

Standard Heating and Air Conditioning Inc

ExistresMay 2020Closed

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

RemodelMar 2020Closed

$20K

Natalie Carr

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Waite Park · Minneapolis

Median reported rent1,569/mo

Renter-occupied8.5%

Median home value$294K

Vacancy rate1.5%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 6.03

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width80 ft

Buildable depth92 ft

Area~7,347 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 7,347 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3456 BENJAMIN ST N E MINNEAPOLIS MN 55418	GRANT BENNETT/BRANDI BENNETT	RESIDENTIAL	$329,700	70 ft
3444 BENJAMIN ST N E MINNEAPOLIS MN 55418	KATRINA E JOSEPH	RESIDENTIAL	$270,300	75 ft
3500 BENJAMIN ST N E MINNEAPOLIS MN 55418	B HOFFMAN & R HOFFMAN	RESIDENTIAL	$314,200	120 ft
3434 BENJAMIN ST N E MINNEAPOLIS MN 55418	M E BOESEN & Z J GOOD	RESIDENTIAL	$337,100	130 ft
3439 CLEVELAND ST N E MINNEAPOLIS MN 55418	HENN CTY CLEVELAND ST NE TST	RESIDENTIAL	$269,900	133 ft
3433 CLEVELAND ST N E MINNEAPOLIS MN 55418	L M SWANSON ET AL W/L EST	RESIDENTIAL	$291,900	135 ft
3445 CLEVELAND ST N E MINNEAPOLIS MN 55418	KELLY K NEWBAUER	RESIDENTIAL	$333,400	149 ft
3429 CLEVELAND ST N E MINNEAPOLIS MN 55418	KATHERINE L IGOWSKY	RESIDENTIAL	$333,800	154 ft
3506 BENJAMIN ST N E MINNEAPOLIS MN 55418	B L MCDONOUGH & M C GWYNN	RESIDENTIAL	$328,200	170 ft
3501 CLEVELAND ST N E MINNEAPOLIS MN 55418	R PERRY/A GARCIA-GONZALEZ	RESIDENTIAL	$369,200	178 ft

Property History

Most Recent Sale

Date201706

Price$286,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,222